Property Management Practices Flashcards

A condominium manager discovers that a unit owner has installed an unauthorized satellite dish on the exterior wall. What is the most appropriate first step?

Answer: Issue a written violation notice citing the governing documents

Proper enforcement begins with a written violation notice referencing the specific governing document provision that was violated.

Which document typically grants the board of directors the authority to adopt rules and regulations for a condominium?

Answer: The declaration of condominium

The declaration of condominium (also called the master deed) is the foundational document that grants the board authority to govern the association.

A property manager wants to implement a new pet policy restricting dog breeds. Which process must be followed?

Answer: Amend the declaration with owner vote if required, or adopt via board resolution per bylaws authority

Rule changes must follow the amendment process specified in the governing documents, which may require owner vote for declaration changes or board resolution for rules.

What is the primary purpose of conducting a reserve study for a condominium association?

Answer: To plan for future repair and replacement of major common elements

A reserve study forecasts the lifespan and replacement cost of major common elements so the association can fund future repairs without special assessments.

Under the Fair Housing Act, a condominium association MUST allow which of the following even if it conflicts with a no-pet policy?

Answer: Emotional support animals for residents with qualifying disabilities

The Fair Housing Act requires reasonable accommodations for persons with disabilities, including allowing emotional support animals regardless of pet restrictions.

A condominium manager receives a request from a unit owner to inspect the association's financial records. What is the standard obligation?

Answer: Provide access to records as required by state law and governing documents

State condominium statutes and governing documents generally require associations to make financial records available to unit owners upon reasonable request.

When a condominium unit is sold, who is responsible for unpaid assessments owed by the previous owner under most state statutes?

Answer: The new owner may be liable for a limited amount of unpaid assessments per state law

Many states impose successor liability on new owners for a limited period or dollar amount of unpaid assessments, which is typically disclosed at closing.